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CONSOLIDATED BALANCE SHEET (USD $)
In Millions, unless otherwise specified
Mar. 31, 2014
Dec. 31, 2013
Assets    
Fixed maturity investments, at fair value $ 4,988.7 $ 5,030.5
Short-term investments, at amortized cost (which approximates fair value) 674.0 635.9
Common equity securities, at fair value 1,174.6 1,156.8
Convertible fixed maturity investments, at fair value 73.8 80.5
Other long-term investments 302.3 288.9
Total investments 7,213.4 7,192.6
Cash (restricted: $22.2 and $56.1) 338.6 382.8
Reinsurance recoverable on unpaid losses 425.2 428.1
Reinsurance recoverable on paid losses 15.2 25.4
Insurance and reinsurance premiums receivable 734.8 518.9
Funds held by ceding companies 93.8 106.3
Investments in unconsolidated affiliates 373.3 321.4
Deferred acquisition costs 190.0 174.7
Deferred tax asset 484.9 512.1
Ceded unearned insurance and reinsurance premiums 149.5 92.4
Accrued investment income 37.0 39.3
Accounts receivable on unsettled investment sales 19.9 12.1
Other assets 537.7 458.1
Assets held for sale 1,803.1 1,880.1
Total assets 12,416.4 12,144.3
Liabilities    
Loss and loss adjustment expense reserves 3,048.4 3,079.3
Unearned insurance and reinsurance premiums 1,116.6 901.4
Variable annuity benefit guarantee 54.1 52.8
Debt 677.6 676.4
Deferred tax liability 353.9 356.2
Accrued incentive compensation 124.9 218.3
Ceded reinsurance payable 157.9 71.9
Funds held under insurance and reinsurance contracts 127.8 127.1
Accounts payable on unsettled investment purchases 80.9 20.5
Other liabilities 343.3 362.9
Liabilities held for sale 1,803.1 1,880.1
Total liabilities 7,888.5 7,746.9
White Mountains’s common shareholders’ equity    
White Mountains’ common shares 6.2 6.2
Paid-in surplus 1,046.7 1,044.9
Retained earnings 2,880.8 2,802.3
Accumulated other comprehensive income (loss), after tax:    
Equity in net unrealized losses from investments in Symetra common shares (3.9) (40.4)
Net unrealized foreign currency translation gains 80.5 88.4
Pension liability and other 4.2 4.1
Total White Mountains’s common shareholders’ equity 4,014.5 3,905.5
Non-controlling interests    
Total non-controlling interests 513.4 491.9
Total equity 4,527.9 4,397.4
Total liabilities and equity 12,416.4 12,144.3
OneBeacon
   
Non-controlling interests    
Total non-controlling interests 279.2 273.7
Sirius Group
   
Non-controlling interests    
Total non-controlling interests 250.0 250.0
HG Global
   
Non-controlling interests    
Total non-controlling interests 18.4 16.6
BAM
   
Non-controlling interests    
Total non-controlling interests (102.7) (97.6)
Other Noncontrolling Interest [Member]
   
Non-controlling interests    
Total non-controlling interests $ 68.5 $ 49.2